Market & Evidence

Don't take our word for it.

Here are the numbers: how much critical technology remains locked in legacy environments, and what can happen when organizations try to replace it. All public, all named, all sourced.

The scale of what's locked in

800B+
lines of COBOL in production and daily use
92%
of respondents say their COBOL applications are strategic
74%
of respondents say their organization started at least one modernization program it failed to complete
29%
of technology leaders strongly agree their enterprise data meets the standards needed to efficiently scale GenAI
Named, sourced, public

When transformation becomes the risk

Large-scale replacement and transformation programs can introduce substantial cost, schedule and operational risk. SHIFT takes a different path: preserve the existing application and data first, then modernize incrementally.

ProgramCostOutcomeSource
USVeterans Affairs — Electronic Health Record ModernizationUp to $49.8B lifecycle estimateDeployment paused and reset; roughly 160 medical centers still awaited deployment after initial rolloutU.S. GAO
USSocial Security Administration — IT Modernization$5B+ modernization spend, 2001–2011Long-running modernization of aging critical systems; continuing IT investment and management challengesU.S. GAO
CanadaPhoenix Pay SystemC$2.6B+ spent on stabilization and pay-error correction by Apr. 2022Auditor General concluded lack of oversight contributed to project failure; tens of thousands of employees affectedAuditor General of Canada
CanadaBenefits Delivery ModernizationC$1.75B initial estimate; C$6.6B current programme authorityMajor multi-year replacement programme; timeline extended to 2031 as scope and estimates evolvedAuditor General of Canada; Government of Canada
UKTSB Bank — Core Banking Migration£32.7M customer redress + £48.65M regulatory fine2018 migration caused widespread service disruption; all branches and a significant proportion of 5.2M customers affectedFCA / PRA
UKNHS National Programme for IT£11.4B, 2002–2011Original vision was not realised; programme was substantially restructured after major delays and reduced deliveryUK National Audit Office
UKFiReControl£635MNational emergency-services IT programme cancelled in 2011UK National Audit Office

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